Jupiter Neurosciences, a clinical-stage biotech company, sees its stock drop over 25% following Nasdaq’s notification of a potential delisting from its Capital Market. The move stems from a staff determination regarding compliance with listing requirements. The company now faces uncertainty over continued public trading and investor access.
Jupiter Neurosciences, a clinical-stage biopharmaceutical company, approves a 1-for-75 reverse stock split for its common stock. The adjusted shares are set to begin trading on **August 7, 2026**, targeting neurological and neurodegenerative disorder treatments. The move follows board approval to restructure its equity.
Jupiter Neurosciences raises **$2.0 million** through a registered direct offering of **7.1 million shares** of common stock. The clinical-stage biopharmaceutical company specializes in treating central nervous system disorders and neuroinflammation. D. Boral Capital LLC serves as the financial advisor for the transaction.
Jupiter Neurosciences signs a $100 million term sheet for exclusive U.S. rights to ALA-002, an FDA-recognized MDMA therapy. The deal includes a $3.33 million upfront payment in cash and stock, following a recent U.S. government order on psychedelics. The agreement positions Jupiter as a key player in advancing MDMA-based treatments.